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News@lemmy.world · 3 days ago

Kodak cautions there's 'substantial doubt' about its ability to stay in business

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Kodak cautions there's 'substantial doubt' about its ability to stay in business

LCP@lemmy.world to

News@lemmy.world · 3 days ago

Kodak cautions on business operations but remains confident it can meet debt obligations

The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations.

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What’s ludicrous is they monopolized the film industry in the interim and yet they still couldn’t make a go of it?
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  Same with the auto industry. King of the world for decades. 2008? O noes we broke, handouts plz.
  
  Executive management is a gross joke.

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